Industry News: Sales boom continues in February

Phine---Outlook-Web-App-2015-03-03-09-45-03-1Sales of new vehicles continued in February – again the strongest result since the 1980’s for both the passenger and commercial sections.

The overall market was up 8.1% for the month to 9877.

Passenger vehicle registrations were up 7.4% on February 2014 to 7056, and commercials jumped 9.9% to 2821. Continue reading “Sales boom continues in February” »

Industry News: Hilux returns to the top

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Toyota’s Hilux returned to the top of the vehicle market in February – ahead of anything else in either passenger or `commercial markets.

The model recorded 427 units (4%), followed by the Ford Ranger with 381 units (4%) with the Toyota Corolla relegated to unfamiliar territory as the third top selling model with 302 units (3%).

The Corolla was the top selling passenger vehicle, followed by the Mazda CX-5 with 3% share (210 units) and the Mazda3 also with 3% market share (206 units). Continue reading “Hilux returns to the top” »

Industry News: Dealer numbers move up again

The number of registered motor vehicle traders has climbed again – to a new record high – after falling slightly in January.

There are now 3330 registered dealers in New Zealand – 24 more than in January and a staggering 386 more than this time last year.

In March last year, registered trader numbers increased by 288. If this pattern is repeated this month there will then be more than 3500 dealers in New Zealand. Watch this space. Continue reading “Dealer numbers move up again” »

Industry News: Industry working on tourist safety issue

rva-logo-colourxxWith stories mounting of fatal accidents relating to rental vehicles, and the new trend of the public taking keys from rental car drivers, the vehicle rental industry says it is working on the issue.

Rental Vehicle Association (RVA) Chief Executive Barry Kidd says there is no higher priority for operators than the safety of rental customers and all road users in New Zealand.

“The RVA acknowledges and shares the community’s concerns around road safety,” Kidd says. Continue reading “Industry working on tourist safety issue” »

Industry News: Dorchester reveals new look

homepage_leftside_Turners-032015xxDorchester Pacific has now changed its name to Turners, and revealed its new look.

The finance and warranty firm added the auction house to its investments late last year, and picked up the well known name. Continue reading “Dorchester reveals new look” »

Industry News: Toyota voted most valuable car brand, but Germans close the gap

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While Toyota has been crowned the world’s most valuable brand, with a brand value of US$35 billion, it is in danger of being overtaken by all three major German auto brands, BMW, Volkswagen, and Mercedes Benz, according to the latest Brand Finance Auto 100 Index.

While Toyota hung on to top spot it’s brand value has been affected by product recalls. In 2014 the Japanese carmaker was affected by 7 million product recalls globally. As a result brand value growth has been almost flat, rising less than 1% to just over US$35 billion​.

Compared to the big three German brands and the difference is quite clear. Mercedes, BMW, and VW have benefitted from a rebound in demand in Europe and saw their brand values grow 13, 14 & 15% respectively over the last year. ​ Continue reading “Toyota voted most valuable car brand, but Germans close the gap” »

Industry News: All-new XC 90 revealed at Volvo ocean race pavilion

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Caption: Volvo XC 90 presentation by safety specialist Jonas Wepsalainen

Volvo New Zealand this morning lifted the covers off an all-new pre-production XC 90 SUV at it’s ocean race pavilion in Auckland’s Viaduct harbour, only two weeks prior to the opening of it’s newest showroom in Auckland.

A safety specialist from the Gothenburg Volvo visitor centre, Jonas Wepsalainen, introduced the features and benefits of the all-new XC 90 to assembled media and guests.

The public reveal of the long awaited 7-seat SUV which is available in D5 diesel, T6 petrol and T8 twin engine plug-in petrol electric hybrid variants comes ahead of the new Volvo showroom in Greenlane, Auckland which will officially open its doors on Friday March 13. Continue reading “All-new XC 90 revealed at Volvo ocean race pavilion” »

Industry News: ‘Goldie’ signs on with BMW

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Former dual-international rugby player and cricketer Jeff Wilson has signed on a new partnership with BMW New Zealand.

Wilson is now a rising star on the other side of the camera appearing on TV as a highly regarded presenter and sports commentator.

He will now be an ambassador for the brand, and is driving a new BMW X5. Continue reading “‘Goldie’ signs on with BMW” »

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